DTE Energy
DTE
$110.43
Share price
-1.00%
Change (1 day)
-3.42%
Change (1 year)
Categories
DTE Energy is an American diversified energy company involved in the development and management of energy-related businesses and services
Operating Margin for DTE Energy (DTE)
Operating Margin as of April 2024 (TTM): 8.75%
According to DTE Energy 's latest financial reports and stock price the company's current Operating Margin is 8.75%. At the end of 2022 the company had an Operating Margin of 9.29%.
Operating Margin history for DTE Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.29% | 8.14% |
| 2021 | 8.59% | -53.65% |
| 2020 | 18.54% | 19.55% |
| 2019 | 15.51% | 24.19% |
| 2018 | 12.49% | -13.63% |
| 2017 | 14.46% | -2.53% |
| 2016 | 14.84% | 9.54% |
| 2015 | 13.54% | -2.23% |
| 2014 | 13.85% | -1.45% |
| 2013 | 14.06% | -11.74% |
| 2012 | 15.93% | -4.33% |
| 2011 | 16.65% | -4.98% |
| 2010 | 17.52% | 5.79% |
| 2009 | 16.56% | 22.31% |
| 2008 | 13.54% | -29.57% |
| 2007 | 19.22% | 109.44% |
| 2006 | 9.18% | 48.92% |
| 2005 | 6.16% | -48.18% |
| 2004 | 11.89% | 12.09% |
| 2003 | 10.61% | -35.2% |
| 2002 | 16.37% | 84.64% |
| 2001 | 8.87% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 16.83% | 92.34% | 🇺🇸 USA |
 Ameren
AEE | 15.77% | 80.23% | 🇺🇸 USA |
 CMS Energy
CMS | 10.49% | 19.89% | 🇺🇸 USA |
 WEC Energy Group WEC | 17.31% | 97.83% | 🇺🇸 USA |
 NiSource
NI | 14.44% | 65.03% | 🇺🇸 USA |
 Xcel Energy XEL | 10.45% | 19.43% | 🇺🇸 USA |
 MGE Energy
MGEE | 19.19% | 119.31% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.